1810596 (Ireland) Risk Analysis And Volatility Evaluation

1810596 -- Ireland Fund  

USD 67.06  7.19  9.68%

Our way in which we are foreseeing volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for 1810596 which you can use to evaluate future volatility of the entity. Please confirm 1810596 Standard Deviation of 5.73, Market Risk Adjusted Performance of 0.6428 and Coefficient Of Variation of 662.26 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

1810596 Market Sensitivity

As returns on market increase, returns on owning 1810596 are expected to decrease by larger amounts. On the other hand, during market turmoil, 1810596 is expected to significantly outperform it.
One Month Beta |Analyze 1810596 Demand Trend
Check current 30 days 1810596 correlation with market (DOW)
β = -1.3819
1810596 Large Negative Beta1810596 Beta Legend

1810596 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 1810596 has beta of -1.3819 . This suggests as returns on its benchmark rise, returns on holding 1810596 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 1810596 is expected to outperform its benchmark. Additionally, 1810596 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of 1810596 is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of 1810596 is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.62
α
Alpha over DOW
=0.73
β
Beta against DOW=1.38
σ
Overall volatility
=0.00
Ir
Information ratio =0.17

Actual Return Volatility

1810596 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5886% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

1810596 Investment Opportunity
DOW has a standard deviation of returns of 0.59 and is 9.223372036854776E16 times more volatile than 1810596. 0% of all equities and portfolios are less risky than 1810596. Compared to the overall equity markets, volatility of historical daily returns of 1810596 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 1810596 to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of 1810596 to be traded at $63.71 in 30 days. As returns on market increase, returns on owning 1810596 are expected to decrease by larger amounts. On the other hand, during market turmoil, 1810596 is expected to significantly outperform it.

1810596 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 1810596 and equity matching DJI index in the same portfolio.
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